Sharing Value with Corporate Value and Shareholders through Restricted Stock Compensation

「The company has introduced a restricted stock compensation program and, in connection with the allotment of restricted stock compensation resolved at a meeting of the Company's Board of Directors held on 27 June 2023, disposed of 17,050 treasury shares on 25 July 2023 for a total of ¥23.034 million.」

「The company has introduced a restricted stock compensation program and, in connection with the allotment of restricted stock compensation resolved at a meeting of the Company's Board of Directors held on 27 June 2023, disposed of 17,050 treasury shares on 25 July 2023 for a total of ¥23.034 million.」

「The company has introduced a restricted stock compensation program and, in connection with the allotment of restricted stock compensation resolved at a meeting of the Company's Board of Directors held on 24 June 2022, disposed of 18,900 treasury shares on 20 July 2022 for a total of ¥21.016 million.」

「At the 102nd Annual General Meeting of Shareholders held on 25 June 2021, the company resolved to introduce a restricted stock compensation program for directors other than outside directors. The total annual amount was set at no more than ¥35 million, separately from the existing directors' compensation, and the number of shares was capped at 20,000 common shares per fiscal year.」

「As stated in the Annual Securities Report for the previous consolidated fiscal year under "Part 4. Status of the Filing Company, 4. Corporate Governance, etc., (4) Directors' Compensation, etc., ① Matters Concerning Policies for Determining the Amount or Calculation Method of Directors' Compensation, etc.," pursuant to a resolution of the 102nd Annual General Meeting of Shareholders held on 25 June 2021, the company introduced, from the current consolidated fiscal year, a new compensation program for the subject directors consisting of restricted stock compensation. The program is intended to incentivize the subject directors, defined as the Company's directors other than outside directors, to achieve sustainable growth in corporate value and to promote value sharing with shareholders. In connection with the allotment of restricted stock compensation resolved at a meeting of the Company's Board of Directors held on 25 June 2021, the company disposed of 18,900 treasury shares on 21 July 2021.」

「As stated in the Annual Securities Report for the previous consolidated fiscal year under "Part 4. Status of the Filing Company, 4. Corporate Governance, etc., (4) Directors' Compensation, etc., ① Matters Concerning Policies for Determining the Amount or Calculation Method of Directors' Compensation, etc.," pursuant to a resolution of the 102nd Annual General Meeting of Shareholders held on 25 June 2021, the company introduced, from the current consolidated fiscal year, a new compensation program for the subject directors consisting of restricted stock compensation. The program is intended to incentivize the subject directors, defined as the Company's directors other than outside directors, to achieve sustainable growth in corporate value and to promote value sharing with shareholders.」

「Pursuant to a resolution of the 102nd Annual General Meeting of Shareholders held on 25 June 2021, the company introduced, from the current consolidated fiscal year, a new compensation program for the subject directors consisting of restricted stock compensation. The program is intended to incentivize the subject directors, defined as the Company's directors other than outside directors, to achieve sustainable growth in corporate value and to promote value sharing with shareholders.」